The Queensland Government has amended its privatisation plan, with the announcement that some assets will be leased, not sold.

Premier Anna Bligh says the Abbot Point Coal Terminal in north Queensland and the Port of Brisbane businesses will be sold, with 99 year leases on the land and infrastructure.

Queensland Motorways will also be leased for up to 50 years.

Queensland Rail (QR) will be divided into two businesses - QR National will be listed on the stock exchange, and Queensland Rail will remain a Government-owned corporation.

Ms Bligh says leasing some of the assets means they stay in public ownership.

"What this does I think is help to alleviate some of the concerns that Queenslanders have had about this and still deliver an outcome that the budget needs if we are to keep delivering what Queenslanders want," she said.

"Queenslanders tell me they want better schools, they want more hospitals, they want more roads and they want better services.

"That's what I'm determined to deliver - this helps us do that."

Workers' shares

Ms Bligh says QR employees will be given $1,000 worth of shares each and their jobs are guaranteed for two years after the sale.

"What this does is provide the chance for Queensland to be home to a top 50 ASX Australian company headquartered here in Queensland," she said.

"This is an important part of giving QR coal and freight business the best chance growing and the best chance of growing their employment."